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South Korea's construction agreements fall to record lows due to weak demand

Reading time: < 1 Minuteتراجعت اتفاقيات البناء في كوريا الجنوبية بشكل قياسي في الربع السنوي السابق، حيث هدأت وتيرة سوق العقارات، حيث أدى ارتفاع أسعار الفائدة إلى ضعف الطلب ... Read more

28/03/2023

South Korea
Tabuk Chamber

Tabuk Chamber launches an investment opportunity for contractors to implement a business center building

Abu Dhabi Chamber of Commerce invites contractors classified as second class and above to qualify for a business center tender; deadline is September 18, 2025.

Residential program

Jeddah Chamber organizes the Red Brick Forum 2025 and the development of its industry in the Kingdom

The forum showcases the sustainability and development of the red brick industry and connects factories with developers and universities to support the economy and Vision 2030

Saudi cement sales jump 9% in August despite falling exports

Domestic sales rise 10.8% to 4.47 million tons, exports fall 40% to 112,000 tons

Ready-mix concrete prices rise by more than 5% during July 2025

Saudi Contractors Authority Bulletin: Annual ready-mixed concrete price increases between 4.63% and 5.49% in July 2025

Residential program

Statistics Authority: Construction cost index rises in July 2025

The construction cost index grew 0.7% per year in July 2025, residential 0.7% and non-residential 0.6%.

Cement, concrete and sand prices fall in July

GASTAT: July saw a decrease in cement and blocks, and a variation and slight increases in concrete, sand, and tiles.

Steel Prices - Rebar

Rebar and timber prices fall and electrical wires are mixed in July

GASTAT's bulletin shows varying decreases in the prices of building materials in Saudi Arabia during July 2025.

Building license via Baladi platform

A record jump in the contracting sector 33.6 billion riyals in anchor projects last month

The oil and gas sector dominates with more than 81%, with Aramco leading the way with nine projects, mostly in the Eastern Province.

Modern building materials... Can it reduce the cost of construction?

Innovative materials such as self-curing concrete, recycled bricks and aerogel reduce operation and maintenance costs.

GASTAT launches economic data platform

Saudi Arabia's construction costs stabilized last month

GASTAT: Monthly stabilization in June 2025 with an annual rise of 1.1% driven by rising energy and wages

Residential program

“Statistics”: Saudi Arabia's construction cost index rose last month

The bulletin shows an increase of 1.1% per year in June 2025 with a flat monthly, driven by rising energy prices and equipment rentals.

Residential program

“Sustainable construction”: 200% rise in sustainability assessment requests in first half

The program issued more than 6,000 reports, 38 new projects were registered, and 6 projects received evaluation certificates in the first half.

Robots are invading construction sites Are they threatening the future of the human worker?

Increased automation on construction sites increases efficiency and safety and calls for workers to be retrained for role shifts

Cement prices rise. Concrete, gypsum and sand prices fell over the past month

According to the Statistics Authority, June saw a slight rise in cement and declines in concrete, gypsum, and sand.

Steel Prices - Rebar

Steel prices fall, timber rises, electrical wires diverge

The CRA's June bulletin shows declines in most categories of rebar and slight increases in wood and cable.

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